Under mayor Kevin Johnson — yes, former Suns player Kevin Johnson — there has been a renewed effort in Sacramento to find a way to build a new arena that would keep the Kings in town.
But the latest and best in a while plan — a complex swap of the ARCO Arena land with the Cal Expo land in the city — has fallen through, as Tom Ziller explains well over at FanHouse. This was a bold and complex deal that just wasn’t to the taste of a more conservative Expo board.
So we’re back to square one, with ideas but ones in the relatively early stages.
ARCO Arena is 22 years old and was built before the economics of NBA arenas (really all sports buildings) shifted. Luxury suites and the high-end seats (which can come with wait staff, access to private clubs and more) are what drives the revenue in today’s market. Those “real fans” up in the cheap seats matter as a fan base, but it’s the luxury boxes that make most of the money. Owners need that revenue to really be profitable, to really compete.
The Maloof brothers have stepped back from direct involvement and have let an NBA consultant handle the new arena for them.
But they have options. Kansas City has a new arena and a thirst for a team. Anaheim’s Honda Center (called the Ponda by fans as it used to be the Pond) opened five years after ARCO but with rows of luxury boxes, along with plenty of corporate headquarters in surrounding Orange County.
The Maloofs have options. They have said they don’t want to move out of Sacramento, but they also want to pay for a new arena all on their own. And they have leverage.
If they make their announcement by March 31, 2011, they could be playing the season after next in a new city in a new arena. That is real leverage. And real pressure on Johnson and the people in Sacramento trying to keep them.
The Hornets are plenty deep at center with Cody Zeller, Roy Hibbert, Spencer Hawes and Frank Kaminsky.
Just in case…
Charlotte Hornets General Manager Rich Cho announced today that the team has signed center Mike Tobey.
Tobey went undrafted after four seasons at Virginia then played well for the Hornets’ summer-league team. He’s a good offensive rebounder, and he has some touch with the ball. But his lack of length and athleticism really limit him.
There’s an outside chance Tobey competes with Aaron Harrison, whose salary is unguaranteed, for Charlotte’s final regular-season roster spot. Tobey’s standing and the Hornets’ center depth will work against him.
Most likely, this is just a way for Charlotte to stock its new D-League affiliate, the Greensboro Swarm. The Hornets can waive Tobey after training camp and assign his D-League rights to the Swarm. A partial guarantee on his NBA contract would probably entice him to join the D-League rather than play overseas.
Glen Rice Jr. — the No. 35 pick in the 2013 NBA draft — continues his fall.
He spent a couple years with the Wizards, got waived and then was shot and arrested in a single incident.
Now, he faces more charges.
the 25-year-old was arrested for robbery Monday morning in Georgia … less than a year after he was shot in a bizarre gunfight at T.I.’s restaurant.
Here’s what we know … Rice was booked at 6:37 AM this morning for felony robbery, aggravated battery and possession of marijuana. He has since been released from custody.
You thought it was crazy two teams — the Nets with an offer sheet and the Heat matching it — valued Tyler Johnson at $50 million over the next four years?
Check out his reaction.
Manny Navarro of the Miami Herald:
That’s a lot of money for anyone, especially someone who went undrafted just two years ago. But Johnson worked his way up from the D-League and impressed with his athleticism, feel for the game and outside shot.
There’s a school of thought that sometimes players are better off as restricted, rather than unrestricted, free agents. That was probably true for Johnson, whose status led to Brooklyn going over the top on an offer. Add a skyrocketing salary cap, Johnson was in the right place at the right time.
Accompanying their signing of Chris Andersen, the Cavaliers paid Philadelphia to take Sasha Kaun. Cleveland, facing a steep luxury tax, didn’t want to pay both big men. It was cheaper to send the 76ers cash and have them waive Kaun rather than the Cavs doing it themselves.
But perhaps the Cavaliers could’ve just waited out Kaun.
Gary Bedore of the Lawrence Journal-World:
Sasha Kaun, one of only two Kansas University basketball players, along with Hall of Famer Clyde Lovellette, to win an NCAA title (2008), NBA title (2016) and medal in the Olympic Games (2012 bronze), has decided to retire from pro ball at the age of 31.
“I was very blessed and fortunate to play as long as I have. I had a great experience for the (Russian) national team and professionally. Overall, it’s been phenomenal,” Kaun said Saturday in a phone conversation
Kaun said he started thinking seriously about retirement “toward the end of the season. I kind of feel my ankle has been bothering me awhile. With the amount of pain I was going through, I just wanted to be done. It’s something I’ve had all my career,” he added of right ankle problems. “It was definitely getting worse and worse, year by year. Especially coming here (one year in NBA after seven seasons in Moscow) … the intensity of the game I just kind of realized I don’t think I can go and do it any more.
“I said, ‘You know what? I’m not going to be happy playing. I’m not going to be happy not playing. I think it’s a good time to call it quits.’’’
Kaun joined the NBA at age 30 last year — eight years after being the No. 56 pick in the 2008 draft. He played just 95 minutes in 25 games for Cleveland in his rookie and only season.
Perhaps Kaun wouldn’t have retired if he had a roster spot on the defending NBA champions. At minimum, being a free agent made it an easier call.
Kaun was best known professionally for playing for David Blatt both with the Russian national team and the Cavs and not being Kendrick Perkins.